This isn't about working from home, it's the massive amount of layoffs that have been occurring the last two years. It's getting worse as Big Tech and Big Media implode. This is what a Depression looks like, kids....
Just driving to work is a drag especially if it's more than 10 miles. The only time I go is if I needed to go for meetings and other assignments, or because they're other amenities I use that are around the building like the market or gym.
HAHAHAAH. These building owners often refinance their building at 100% and took out the cash. I take it now its the banks problems. I would not feel sorry for the owners they came out well.
If you ask real estate developers and their institutional investors, we need even MORE commercial RE. They're hoping taxpayers bail them out once again...
The tax base is going down the drain. High gas prices, traffic, teleworking, homeless people in downtown, bail reform, juvenile justice reform, car theft, no prosecution of criminal behavior. What could possibly go wrong 🤔?????? Great news for homeowners you will fill the tax gap 😉 in LA County. Watch your property taxes WILL go up as a fee.
affordable housing or mega cheap apartments with actual security instead of only high end luxury apartments but no one wants to invest in that housing isnt important , office space is
Really simple way to combat this. Make everyone go back to the office. Or AT MINIMUM go to the office 3 days a week. I believe it’s the way it should be. We worked in an office 5 days a week for how many decades? No reason you can’t go back. I see it as being lazy and not wanting to leave your house and be social.
People need to stop what they doing and think about how we come here. The answers will be very painful and since we are collectively Damned to positivity, and smiling, we might never had a chance coming out of this hypnosis
@@theoutcast3292 well, just like California, they use migrant workers for crops, as to finishing projects we are within a few months of finishing a high speed rail line from Miami to Orlando. It took only 5 years to build, and was paid for with private money, no taxpayer dollars. Look up the California high speed rail debacle to see how not to do it.
If only somebody could have seen this coming. If only their was a place where you could have read about this 2 years ago. Oh yeah, their was! Read the DD library over at r/superstonk
I LOVE working at home. So much more efficient, quiet and pleasant.
This isn't about working from home, it's the massive amount of layoffs that have been occurring the last two years. It's getting worse as Big Tech and Big Media implode. This is what a Depression looks like, kids....
I blame climate change
Expensive leases, parking sucks, homeless and violent crime. Yeah, I can see why nobody wants to lease office space there.
You got it all wrong. It's because of climate change
Use them for the homeless.
Use YOUR OWN property for charity. Don’t volunteer someone else’s stuff.
Banks loosing money, workers saving money. Can't say I'm shedding a tear.
Just driving to work is a drag especially if it's more than 10 miles. The only time I go is if I needed to go for meetings and other assignments, or because they're other amenities I use that are around the building like the market or gym.
Convert empty office space to housing.
Easier said than done… it costs money to do this
Convert what they can into apartments or condos. The rest will need to be flattened.
HAHAHAAH. These building owners often refinance their building at 100% and took out the cash. I take it now its the banks problems. I would not feel sorry for the owners they came out well.
Hey, A.I. will fix this and fill up all those buildings!
LMAO.
Companies moving out of Crapfornia
It's the People's Republic of Commifornia
If you ask real estate developers and their institutional investors, we need even MORE commercial RE. They're hoping taxpayers bail them out once again...
Keep voting democrat
The tax base is going down the drain. High gas prices, traffic, teleworking, homeless people in downtown, bail reform, juvenile justice reform, car theft, no prosecution of criminal behavior. What could possibly go wrong 🤔?????? Great news for homeowners you will fill the tax gap 😉 in LA County. Watch your property taxes WILL go up as a fee.
Take those buildings down build a park! Why would free money developers keep building..even my neighborhood has thousands of apartments no one needs!
affordable housing or mega cheap apartments with actual security instead of only high end luxury apartments but no one wants to invest in that housing isnt important , office space is
Really simple way to combat this. Make everyone go back to the office. Or AT MINIMUM go to the office 3 days a week. I believe it’s the way it should be. We worked in an office 5 days a week for how many decades? No reason you can’t go back. I see it as being lazy and not wanting to leave your house and be social.
That’s great in theory, but you can’t… everyone moved away.
@@John-zh1ud not EVERYONE, lol. But I would use my statement not just for LA, but all over America.
Why do we have to combat this?
Some of us commute more than 60 miles one way
You think the main issue is that the buildings are lonely?
Uh oh. Is S.F. doom loop coming to L.A.?
People need to stop what they doing and think about how we come here. The answers will be very painful and since we are collectively Damned to positivity, and smiling, we might never had a chance coming out of this hypnosis
It’s interesting that in places like Miami commercial real estate is booming.
@@theoutcast3292 well, just like California, they use migrant workers for crops, as to finishing projects we are within a few months of finishing a high speed rail line from Miami to Orlando. It took only 5 years to build, and was paid for with private money, no taxpayer dollars. Look up the California high speed rail debacle to see how not to do it.
Thanks joe🤡🌎
Dump it
If only somebody could have seen this coming. If only their was a place where you could have read about this 2 years ago. Oh yeah, their was! Read the DD library over at r/superstonk